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3 years ago

Ensley Corporation has provided the following data concerning its only product:

Business

1 answer:

Minchanka [31]3 years ago

5 0

Answer:

28%

Explanation:

Given that,

Selling price = $ 200 per unit

Current sales = 30,300 units

Break-even sales = 21,816 units

Current sales in dollars:

= Current sales × Selling price

= 30,300 units × $200 per unit

= $6,060,000

Break even sales in dollars:

= Break-even sales × Selling price

= 21,816 units × $200 per unit

= $4,363,200

Margin of Safety as a percentage of sales:

= (Current sales in dollars - Break even sales in dollars) ÷ Current sales in dollars

= ($6,060,000 - $4,363,200) ÷ $6,060,000

= $1,696,800 ÷ $6,060,000

= 0.28 or 28%

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The $ 1200 paid for advertisement is not included in the cost of inventory.

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3 years ago

Rubina is the director of procurement at Baines Corporation. She plans to send a memo to the employees in her department outlini

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Explanation:

The options to the question are:

a. describe the bottom line of the policy changes at the beginning of the memo.

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c. present the rationale for the new policies at the memo's beginning.

d. highlight controversial issues, which could arise after the new policies have been implemented, in the memo.

From the question, we are informed that Rubina is the director of procurement at Baines Corporation and that she plans to send a memo to the employees in her department outlining some changes in the company's personnel policies as she believes that most of the employees will view the changes favorably.

Since she is of the opinion that most of the employees will view the changes favorably, she can describe the bottom line of the policy changes at the beginning of the memo. This is because she believes the memo will get a favourable audience. In a situation whereby she is not sure if it will be favourable, in the begining of the memo, she may have to offer and apology and tell them the rationale behind the memo before going into further details.

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3 years ago

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Answer:

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Explanation:

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3 years ago

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2 years ago

The Bureau of Transportation Statistics Omnibus Household Survey is conducted annually and serves as an information source for t

sasho [114]

Answer:

a) For this case we have quantitative data since we have frequencies per each category.

b) For this case is better use percentages since we have frequency counts per each

c) First we need to calculate the total for the frequencies:

$Total = 44+130+165+741= 1080$ respondents

For this case we can calculate the percentage like this:

$\% Strongly_{agree} = \frac{44}{1080} *100 =4.07\%$

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So we can say that we don't have a general support for the claim.

Explanation:

For this case we have the following data given:

Number of respondents that they strongly agree with the statement = 44

Number of respondents that they somewhat agree with the statement = 130

Number of respondents that they somewhat disagree agree with the statement = 165

Number of respondents that they strongly disagree agree with the statement = 741

Part a

Do the responses for this statement provide categorical or quantitative data?

For this case we have quantitative data since we have frequencies per each category.

Part b

Would it make more sense to use averages or percentages as a summary of the responses for this statement?

For this case is better use percentages since we have frequency counts per each category so then not makes sense calculate averages for this case.

Part c

What percentage of respondents strongly agree with allowing drivers of motor vehicles to talk on a hand-held cell phone while driving?

First we need to calculate the total for the frequencies:

$Total = 44+130+165+741= 1080$ respondents

For this case we can calculate the percentage like this:

$\% Strongly_{agree} = \frac{44}{1080} *100 =4.07\%$

Part d

For this case the percentage of people who agree with allowing drivers of motor vehicles to talk on a hand-held cell phone while driving is just 4.07% and by the other hand the rest of the people correspond to 95.93%.

$\frac{1036}{44}=23.55$

The people who are NOT strongly agree is about 24 times greater than the peopl who strongly agrees.

So we can say that we don't have a general support for the claim.

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3 years ago